Charting the global economy: Inflation picks up in Japan, UK

Quick Summary:

Inflation has surged in Japan, the UK, and Canada, with food prices as a major contributing factor.

This trend has led policymakers in these countries to either raise interest rates or adjust their economic strategies to address rising price pressures.

Thailand’s feed industry is pitching to buy about $2.8 billion worth of agricultural commodities annually from the US instead of other suppliers, as the Southeast Asian nation seeks to narrow its $35 billion trade surplus and head off possible tariffs on its own exports.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaAustraliaBotswanaCanadaChinaEgyptGermanyGuatemalaIndonesiaJapanSouth KoreaNew ZealandNigerNigeriaParaguaySouth AfricaThailand

Topics: World economy Japan Trump tariffs global trade Inflation Uk Charting global economy Global trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 10:36:12 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1211 words

Reading Time: 7 minutes read

Sentences: 34 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 26341831

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 1 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #84

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